Competing forces

Brazil is the epicentre of one of the largest corruption probes in the world, but with at least four different authorities policing the investigation and little coordination between them, companies implicated in Lava Jato are finding it difficult to resume normal business, including participation in public tenders, even if they've signed a leniency agreement. Levy & Salomão Advogados's Alexandre Ditzel Faraco and Rafael Zabaglia consider the competing enforcers putting hurdles in the way of Brazil's anti-corruption leniency programme

Earlier this year the Brazilian federal government auctioned off concessions to operate four airports. All of the winners - in fact, all of the bidders - were foreign investors. Local construction conglomerates, historically very active in bids for large infrastructure projects, were nowhere to be seen.

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